Tag: Brunei Darussalam

ASEAN to benefit from EITI adoption

| May 31, 2013 | 0 Comments
ASEAN to benefit from EITI adoption

Banda Seri Bagawan, Brunei Times by Debbie Too, Wednesday, May 29, 2013 Accounting solution for revenue derived from natural resources. COUNTRIES rich in natural resources, such as members of the Association of Southeast Asian Nations (ASEAN), can benefit from partaking in the Extractive Industries Transparency Initiative (EITI).

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Indonesia ponders risk of Iranian oil import termination

| January 25, 2012 | 0 Comments
Indonesia ponders risk of Iranian oil import termination

The Jakarta Post, January 25, 2012. As a net oil importer, Indonesia is poised to bear the brunt of the rising political tension between the world’s second-largest oil producer, Iran, and the US and its allies. The impact of the embargo on Iranian oil by the allied West is already reflected in oil prices, which experts […]

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Human Rights Abuses at Gas Pipeline

| August 19, 2011 | 0 Comments
Human Rights Abuses at Gas Pipeline

August 18, 2011 The Irrawaddy by

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Bad Business for Burma

| April 27, 2011 | 0 Comments

New York Times, April 3, 2011 The Burmese pro-democracy leader Daw Aung San Suu Kyi recently urged Western nations to maintain economic sanctions against Myanmar, where the world longest-running military dictatorship is tightening its repressive ways: Over 2,000 prisoners of conscience languish behind bars in squalid conditions, while arbitrary arrests and detentions, extrajudicial killings, torture […]

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Burma, China agree to build petroleum refining plant in Burma

| April 27, 2011 | 0 Comments

Mizzima, April 6th, 2011 The Union of Myanmar Economic Holdings Limited (UMEHL), controlled by the Burmese army, and China on Monday extended a Memorandum of Understanding to build a petroleum refining plant in Burma capable of processing about five million tons of crude oil a year. During a visit of Jia Qinglin, a member of […]

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China offers ‘hospitals-for-oil’ deal

| April 27, 2011 | 0 Comments

Democratic Voice of Burma, 7 April 2011, by Francis Wade Beijing has reportedly offered sweeteners to Burma in the form of hospitals if it speeds up work on oil and gas pipelines destined for Yunnan province. Through the state-owned China National Petroleum Corporation (CNPC), Burma could receive $US6 million to build new hospitals and improve […]

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Total Appears Set to Get Mahakam Block Extension

| March 28, 2011 | 0 Comments

Total E&P Indonesie, the local unit of French oil and gas giant Total, looks likely to receive an extension for its contract on the Mahakam block that expires in 2017. Government officials and the upstream oil and gas regulator, BPMigas, have indicated their optimism over the firm investment in Indonesia and its plans to raise […]

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Japan asks for more LNG, oil supply from Indonesia after quake

| March 17, 2011 | 0 Comments

Reuters, 17 March 2011, Japan asked Indonesia on Thursday to supply it more liquefied natural gas (LNG) and oil after a devastating earthquake crippled a nuclear power plant. “After the tsunami and earthquake, Japan’s nuclear power plant is damaged and we have a massive shortage of electricity…therefore I asked Indonesia’s government to add to its […]

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China tops Thailand as biggest investor in Myanmar

| February 22, 2011 | 0 Comments

Bloomberg, 21 February 2011, China, already Myanmar’s closest diplomatic ally, is now also the country’s largest foreign investor, a report said Monday. The Myanmar-language Weekly Eleven says that China poured more than $3 billion into the country from November last year through January this year, bringing its cumulative investment since 1988 to $9.6 billion, compared […]

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Sinopec JV finds large gas deposits in Myanmar – state media

| February 16, 2011 | 0 Comments

Reuters, 14 February 2011, A Sinopec International Petroleum (SIPC) joint venture has discovered gas deposits in northwest Myanmar with a capacity of 2.1 million cubic feet per day, official Myanmar media reported on Monday. The international trading arm of China Petroleum & Chemical Corp (Sinopec), made the find in the country’s Mahutaung Region about 520 […]

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